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Surgepays SURG · USD

Communication Services · US listing · 🇺🇸 United States

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0.15

-7.89%

Close of 9 Nov 2026, in USD

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About Surgepays

From its filings with the US Securities and Exchange Commission

SEC filings

Surgepays is based in Bartlett, Tennessee and is incorporated in Nevada. Its shares trade on Nasdaq under the ticker SURG. The SEC classifies its business as telephone communications (no radiotelephone). In the fiscal year to 31 December 2025, it reported revenue of $57.0m and a net loss of $36.1m. At that date it held total assets of $8.5m and shareholders' equity of −$15.3m.

Read the filing on SEC.gov ↗

Company facts

Sector
Communication Services
Industry
Wireless Telecommunication Services
Listed since
24 Jul 2007
Employees
125
Head office
3124 BROTHER BLVD, BARTLETT, TN, 38133
Incorporated in
NV
Classification
Telephone Communications (No Radiotelephone)
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Kevin CoxChairman of the Board, President, Chief Executive Officer, since 2017$2.8m
  • Ms. Chelsea PullanoInterim Chief Financial Officer
  • Mr. David MayDirector
  • Mr. David KeysIndependent Director$125,000
  • Ms. Laurie WeisbergIndependent Director$125,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • True Wireless Inc. provides subsidized wireless service to low income customers in the US.
  • LocoRabbit Wireless operates as an MVNO using Sprint and T-Mobile LTE networks for voice and data services.
  • SurgePays offers prepaid wireless and underbanked financial products to retail merchants in the US.

Weaknesses

  • Surgepays Inc employs 0 full-time employees despite having a business model with multiple subsidiaries.
  • The company's IPO was on 24 July 2007, indicating a long-standing operational history without recent growth.
  • SurgePays Inc has no full-time employees which may hinder operational efficiency and scalability.

Opportunities

  • Expanding True Wireless Inc. to serve more low income customers across the US market.
  • Growing LocoRabbit Wireless through partnerships with Sprint and T-Mobile for enhanced network coverage.
  • Increasing SurgePays' prepaid wireless and financial product offerings to underbanked populations in the US.

Threats

  • The lack of full-time employees could lead to operational challenges in maintaining service quality.
  • Relying on Sprint and T-Mobile networks for LocoRabbit Wireless may expose the company to network dependency risks.
  • Competition in the prepaid wireless market could intensify with new entrants targeting underbanked consumers.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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